Reaves Brian 4
4 · DESTINATION XL GROUP, INC. · Filed Sep 5, 2018
Insider Transaction Report
Form 4
Reaves Brian
SVP,Store Sales and Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-08-31−16,320→ 0 total→ Common Stock (16,320 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2018-08-31+16,320→ 88,043 total - Tax Payment
Common STock, $0.01 par value
2018-08-31$2.90/sh−4,807$13,940→ 83,236 total
Footnotes (3)
- [F1]Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
- [F2]Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
- [F3]Represents RSUs for performance-based compensation granted to the Reporting Person on April 2, 2018, based on the Company's performance over the applicable performance period under the 2016-2017 Long-Term Incentive Plan.